12
Nov
#TennecoCleanAirIPO #AutoComponents #IPOIndia #AnchorInvestors #OfferForSale #CleanAirSolutions #Automotive #MakeInIndia #BSVI #EmissionNorms #StockMarket #MarketLeadership #InvestmentNews Mumbai – Tenneco Clean Air India, the US-based Tenneco Group-backed automotive component manufacturer, has commenced the public subscription phase of its ₹3,600 crore Initial Public Offering (IPO) today, following a highly successful anchor book placement. The company, a dominant player in India’s emission control and ride performance systems market, raised ₹1,080 crore from a diverse mix of 58 anchor investors on Tuesday, November 11. The IPO, which is structured entirely as an Offer-for-Sale (OFS) by the promoter, Tenneco Mauritius Holdings, will be open for public bidding from November…